Hi...I have spent several months investing in a oil & natural gas microcap that has become a bit boring...I recently made a decision to diversify a bit, and I've been looking at SBLK...I am looking for somewhere to park money while the storm rages, that will explode when blue skies re-appear...May I ask for thoughts on the possibility of BK for SBLK...also, I cannot figure out if it is a greek company, or a marshal island company based in greece...Finally, thoughts on the supramax fleet would be useful, as it appears that they are shifting to spots on several of them. I am assuming this is not by choice...Also there seems to be some disgruntled here who think the CEO is a jerk...is that just spoiled grapes, or some kind of consensus... BTW: This really does look like a sleeper eventhough another poster here seems to think that is not the case....I am trying to pick an entry point...today it looked like somebody acquired quite a few shares from the sheeple...again, any thoughts much appreciated from the shorts and longs...Time.
Thanks for the tips...Sblk looks pretty good, but who knows...The seem to be making more $$$ on the short-time contracts...Also looking at DHT and GASS...DHT has a killer chart that will eventually turn, as they look oversold...fear...Gass just has a CEO with a lifetime of experience at his young age...whatever he touches will do well...the stock is thinly traded though...I guess time will tell, as it always does...the way if figure it, if they don't go belly up, they will eventually fly...I can wait...and watch...GLTA
If you want to buy something that floats, you might consider these two options. First, if you are suidical, invest it all in SBLK. Just don't miss.Otherwise, consider TOO, GLNG, GMLP, TGP, SDRL, SFL, or, as a riskier play that could double in a couple of years... NNA.